SB 468

  • Virginia Senate Bill
  • 2024 Regular Session
  • Introduced in Senate Jan 09, 2024
  • Senate
  • House
  • Governor

Bath County and Augusta County School Boards; cost-savings agreements, requirements.

Abstract

Certain school divisions; cost-savings agreements;requirements. Removes the limitation on any school board thatenters into certain cost-savings agreements with a school board thatgoverns a contiguous school division for the consolidation or sharingof educational, administrative, or support services and thus qualifiesfor adjustment of state share of basic aid computed annually on thebasis of the composite index of local ability-to-pay of such contiguousschool division that caps such adjusted basic aid payment at an amountequal to the basic aid payment appropriated to such locality by the2007 Session of the General Assembly. The bill also permits, notwithstandingthe requirement set forth in relevant law that a school divisionhas 65 percent or more of its local taxes coming from real estatetaxes in order for the school board that governs such school divisionto be eligible to enter into such cost-savings agreements with acontiguous school division, the Bath County School Board to enterinto such cost-savings agreements with the Augusta County SchoolBoard, provided that all other conditions and limitations set forthin relevant law apply to any such agreement.

Bill Sponsors (1)

Votes


Actions


Feb 08, 2024

Senate

Continued to 2025 in Education and Health (15-Y 0-N)

Feb 01, 2024

Senate

Impact statement from DPB (SB468)

Jan 30, 2024

Senate

Assigned Education and Health Sub: Public Education

Jan 09, 2024

Senate

Prefiled and ordered printed; offered 01/10/24 24103064D

Senate

Referred to Committee on Education and Health

Bill Text

Bill Text Versions Format
Prefiled and ordered printed; offered 01/10/24 24103064D PDF HTML

Related Documents

Document Format
Fiscal Impact Statement: SB468F122.PDF PDF

Sources

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